Why Do We Get So Little Value from the Healthcare System?

Written by Brian Krans |
Published by HealthlineNews on April 18, 2013

Forget about Obamacare, the fee-for-service system in American is broken, rewards bad behavior, and is costing us $2.87 trillion a year.

Americans spend more on healthcare than people in any other country in the world.

The price of a hospital visit is based on a nearly endless list of factors: prices negotiated by insurance providers, the cost of expensive medical technology, the salaries of staff and administrators, and so on.

Skyrocketing prices have spawned a medical tourism industry  in which Americans leave their country to have complicated procedures done at a fraction of the cost abroad.